Refer to Game Matrix V. Which of the following values of X and Y result in the only Nash Equilibrium being (No, No) and there also being a Prisoners’ Dilemma?
a. X = 21, Y = 9.
b. X = 19, Y = 11.
c. X = 31, Y = 11.
d. It is not possible for (No, No) to be a Nash Equilibrium and for there to be a Prisoners’ Dilemma.
c. X = 31, Y = 11.
Economics